$Qualcomm(QCOM)$ has seen an impressive surge in its stock price recently, hitting a 52-week high, which is definitely exciting. While the stock has performed well, up 218% over the past year, the company is still facing challenges with a 27% revenue decline. However, I’m really optimistic about its future due to its innovations in AI and cloud storage, especially with the new Scalar i7 RAPTOR storage system. It could really boost the company's competitive edge. There might be some short-term volatility, but if they can overcome these hurdles, there’s a lot of growth potential ahead. For investors, this is definitely a stock to keep an eye on, especially with its continued focus on tech innovation.
$Meta Platforms, Inc.(META)$Meta will be continually capturing ad dollars from Google, because it’s apps are way more engaging. Definite upside. Google has not innovated much. Meta continues to innovate how people socialize and consume their information. I think it’s a great short and long term play.
$Galmed Pharmaceuticals(GLMD)$ Willie, Galmed (GLMD) only exists currently as a shell, they paused development indefinitely, and list a total of 3 employees and negligible assets….As I note SGMT lays a strong claim to the liver fibrosis reduction leader with their drug Denifanstat. It soared successfully through phase 2 and are finalising phase 3 protocol with FDA currently… the drug is synergistic with GLP-1 eg. Semiglutide…. And hey, it’s a U.S. company.
$Palantir Technologies Inc.(PLTR)$I’m 100% sure a large entity is buying up chunks of stock everyday on little dips only to DUMP it all a couple days before sp500 entry, triggering stop losses and sending the stock down to the low 20s and then snatching it up at the lowest price possible before the 28th. But maybe I’m just used to this market being very manipulated. I’m still bullish.
$NIO Inc.(NIO)$Great day! One of many to come. Big events taking place soon don't let them steal your shares for a little gain...this will be going much much higher IMO. By next year 50k -60k units a month consistently and it's only going to keep expanding from there.
I think Apple may announce a partnership with Lucid, or possibly some other AI centric company. I think battery capacity and charge time, efficient powertrains and full FSD is something that will make or break consumer EV companies in the long run. Lucid's only concern are with batteries and powertrains at the moment. $Apple(AAPL)$$Lucid Group Inc(LCID)$
Lucid and Rivian financials looking horrible. Lucid lost 2 billion in 2022 and Rivian lost nearly $7 billion. I’m not generally big fan of Automobiles stocks as it’s very capital intensive and competitive. Tesla was able to make it through under Crazy Elon hard core leadership.😜 $Lucid Group Inc(LCID)$$Rivian Automotive, Inc.(RIVN)$$Tesla Motors(TSLA)$
Here's a figure to put things into perspective say someone in 2010 thought I want to sell 15000ndx puts for 2020 expiry and sell them for....I dunno 17000 points.... Do traders take out positions for scenarios like such. Cuz that must suck to see your ITM puts just only be able to lose $NASDAQ(.IXIC)$$Invesco QQQ Trust(QQQ)$$E-mini Nasdaq 100 - main 2309(NQmain)$
$Taiwan Semiconductor Manufacturing(TSM)$ I'm glad Buffett said that TSMC is one of the best-managed and most important companies in the world - I was tired of these imbeciles repeatedly posting "BuT bUfFeTt JuSt SoLd All HiS sHaReS iN TSMC!" ..which, btw, he didn't - his company did sell a heap last year, but still retained over half a Billion dollars in TSMC.
$Invesco QQQ Trust(QQQ)$$E-mini Nasdaq 100 - main 2306(NQmain)$ after over 2 years of congestion in this zone and spending the last 3 months consolidating/gyrating in the same zone, we finally pushed out of the range. Now the key thin will be follow through, which I think you'll get as the MACD just went crossed bull again today!!!